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HomeEnergyNews

EnergyNews

Energy Crisis

Michigan utilities want to spend taxpayers’ ‘low carbon’ money on natural gas

March 30, 2023 Mariel Alumit

​ This story was republished from Planet Detroit. To move away from dirty and expensive home heating oil, Maine has decided to go big on one solution: heat pumps. These devices use electricity to pull heat […]

Crude Oil News

US Could Buy Back Oil for Strategic Reserve Late This Year

March 29, 2023 Mariel Alumit

​ Reuters U.S. Secretary of Energy Jennifer Granholm delivers a speech ahead of a conversation with Daniel Yergin, the vice chairman of S&P Global, during the CERAWeek energy conference in Houston, Texas, U.S., March 8, […]

Crude Oil News

OPEC+ Shows No Sign of Changing Oil Output at Meeting Next Week

March 29, 2023 Mariel Alumit

​ The OPEC+ coalition is showing no signs of adjusting oil production next week, staying the course amid turbulence in financial markets. Group leader Saudi Arabia has said publicly that the 23-nation alliance should keep supplies […]

Crude Oil News

Oil Advances on Kurdish Supply Dispute and US Inventory Data

March 29, 2023 Mariel Alumit

​Oil extended gains as Iraqi exports via Turkey remain disrupted amid a dispute with Kurdish authorities, while an industry report showed a decline in US stockpiles. Brent crude traded above $79 a barrel, while West […]

EnergyNews

US natgas falls 3% to 30-month low below $2/mmBtu on mild weather

March 29, 2023 Mariel Alumit

​ “April natural gas contract trades below $2 into expiration… as it struggled under the weight of a towering South Central regional storage surplus and (as) thinning trading volumes drove increased volatility risks,” analysts at […]

Crude Oil News

US rakes in $263.8 mln from Gulf of Mexico drilling rights auction

March 29, 2023 Mariel Alumit

​ Gulf offshore drilling operationA U.S. government auction of oil and gas drilling rights in the Gulf of Mexico generated $263.8 million in high bids, the most of any sale in the region for years […]

Connecticut
Energy Regulations

Connecticut bill would raise bar for permitting facilities in already polluted areas

March 29, 2023 Mariel Alumit

​ In the ongoing negotiations over how best to strengthen Connecticut’s 15-year-old environmental justice law, one debate revolves around two words: may vs. shall. A bill backed by the state Department of Energy and Environmental […]

Crude Oil News

Russia says it has rerouted all oil exports hit by Western embargo

March 28, 2023 Mariel Alumit

​ This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine MOSCOW, March 28 (Reuters) – Russia has successfully redirected all its crude oil exports affected by Western […]

EnergyNews

How The ConvergX Global Congress Accelerates Technology Transfer – Geoffrey Cann

March 28, 2023 Mariel Alumit

​ By Geoffrey Cann This is hands-down the best way to transfer leading edge technology between unrelated sectors. Tech Transfer When I was growing up, there was a story making the rounds in the school […]

EnergyNews

Origin Energy Agrees $10.2 Bln Takeover Deal with Brookfield Consortium

March 27, 2023 Mariel Alumit

​ Summary Premium of 9.1% to last close GIC and Temasek become co investors Implied offer value of A$8.912 per share March 27 (Reuters) – Australia’s Origin Energy Ltd (ORG.AX) on Monday agreed a A$15.35 billion ($10.21 […]

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